A 4390 New Jersey General Assembly · 2024-2025 Regular Session

Requires certain information be included in certain contracts with licensed public adjusters.

This bill requires licensed public adjusters in New Jersey to include specific details in written contracts with property owners. Contracts must clearly state the adjuster's license number, describe services and fees, and include a notice of the owner's right to cancel within three business days. It also mandates that contracts specify how compensation is calculated (e.g., avoiding terms that prevent owners from pursuing claims if insurers pay in installments). The bill updates existing law by removing the requirement for escrow accounts to be interest-bearing, while keeping the core consumer protection rules for public adjuster contracts.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
Governor
Introduced May 16, 2024 Last action Mar 24, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
4
Key actions
2
Committee
1
Amendments
1
Feb 27, 2025
Lower · Passed
Assembly Floor Amendment Passed (Voice) (Quijano)
lower
Sep 12, 2024
Lower · Passed
Reported out of Assembly Committee, 2nd Reading
lower
May 16, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Regulated Professions Committee
lower
3 primary · 0 co-sponsors

Sponsors